Warren Buffett and Bitcoin (2020)

In this video, I discuss Warren Buffett's critique of Bitcoin and answer his various objections. I demonstrate that Buffett and his business partner Charlie Munger are very much the beneficiaries of the current fiat money system, big government bailouts, and central bank money printing policies. Buffett also has a history of not understanding new technologies, or at least choosing not to invest in them until they become entrenched monopolies.

Not investment advice! Consult a financial adviser.

Warren Buffett re Bitcoin on CNBC:
https://www.youtube.com/watch?v=LtITDtZPYEw

Charlie Munger re Bitcoin on CNBC:
https://www.youtube.com/watch?v=NBVDqAHQ4-M

Buffett finally gets a smartphone:
https://www.cnbc.com/2020/02/24/apple-investor-warren-buffett-traded-in-his-flip-phone-for-an-iphone.html

Buffett and tech stocks:
https://money.com/value-investing-embraces-tech/

Warren "Bailout" Buffett:
https://www.businessinsider.com/warren-bailout-buffett-2009-8

https://www.mcclatchydc.com/news/nation-world/national/economy/article24532354.html

https://blogs.wsj.com/deals/2010/06/01/warren-buffett-to-break-his-silence-about-moodys/

Wells Fargo scandals:
https://money.cnn.com/2018/02/05/news/companies/wells-fargo-timeline/index.html

https://www.businessinsider.com/wells-fargo-banker-money-laundering-drug-cartel-sinaloa-mexico-2019-5

https://www.theguardian.com/world/2011/apr/03/us-bank-mexico-drug-gangs

Coke and diabetes:
https://www.nytimes.com/2017/12/26/health/india-diabetes-junk-food.html

https://www.nytimes.com/2018/07/14/world/americas/mexico-coca-cola-diabetes.html

Charlie Munger on how to create an addictive product:
https://fs.blog/turning-2-million-into-2-trillion/

Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

If you like my teaching style and would like to learn more about investing and trading stocks, options, futures and Bitcoin, be sure to check out my online courses here:
https://www.trader.university/join

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